SOLUTION: if i was 10 and 4 months and had a car crash and got £2000 pounds and it gained 2.5% in interest every year how much would i have wen i am 18
Algebra.Com
Question 815201: if i was 10 and 4 months and had a car crash and got £2000 pounds and it gained 2.5% in interest every year how much would i have wen i am 18
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
if i was 10 and 4 months and had a car crash and got £2000 pounds and it gained 2.5% in interest every year how much would i have wen i am 18
------------
That's 7 complete years.
If it's compounded annually:
= 2000*1.025^7 =~ 2377.37
----------
If the compounding period is different, you'll have to specify.
RELATED QUESTIONS
A man saved 3000 in a bank p, whose interest rate was X% per annum and 2000 in another... (answered by Boreal,Theo)
If John gets paid 2000 dollars every month and also gets a 10% bonus monthly, how much... (answered by Theo)
allison invested $2200 in two banks. at the first bank she had an interest rate of 4 1/2... (answered by checkley77)
Dina had $10,000 to invest. She invested part of it in a savings account that pays 4%... (answered by solver91311)
$2000 is invested in certificates of deposit. Some of the $2000 is placed in a 4% simple... (answered by fractalier)
How long will it take for an investment to double in value if the annual interest rate is (answered by Boreal)
A bank in houston loans $40,000 to a business at 12.5 % annual simple interest for 15... (answered by ankor@dixie-net.com)
Jackie deposited Php 75 000 in two separate accounts-a certain amount at 3% annual... (answered by ikleyn)
When I was considering what to do with the $10,000 proceeds from my sale of technology... (answered by solver91311)